CTHIn ForceLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 116 of 2023
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Purpose
- The information reported to APRA under this Reporting Standard is used by APRA for the purpose of prudential supervision including assessing compliance with capital adequacy standards. This extended reporting will assist APRA in performing comparability analysis of profitability and risk profiles of insurance risk components across different friendly societies.